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NEWS

RBI asks banks to extend loans to women SHGs at 7% rate

RBI asks banks to extend loans to women SHGs at 7% rate

Commercial banks and cooperative banks will lend to all the women SHGs in rural areas at the rate of 7 per cent in the 150 districts, the RBI said. Read more on this here.

January 28, 2016 NEWS 0

Kotak Mahindra Bank sees 50 bps rate cut in 2016

Kotak Mahindra Bank sees 50 bps rate cut in 2016

Despite oil prices sliding and commodity prices remaining low, C Jayaram, Joint Managing Director of Kotak Mahindra Bank, does not expect too many rate cuts in 2016. More here.

January 28, 2016 NEWS 0

Your PF money could fetch more when bank rates are falling

Your PF money could fetch more when bank rates are falling

At a time when bank fixed deposit rates are falling, your provident fund money could fetch more. Read more on this here.

January 28, 2016 NEWS 0

iPhone 5S price cuts help Apple sales jump 60% in Oct-Dec

iPhone 5S price cuts help Apple sales jump 60% in Oct-Dec

During the quarter through December, Apple sold about 8,00,000 iPhones in India, a 60% increase in unit sales compared to a year earlier, says Tarun Pathak, senior analyst for mobile devices and ecosystems at Counterpoint Research. More here.

January 28, 2016 NEWS 0

Unusually warm winter leads to discount sale on winter wear

Unusually warm winter leads to discount sale on winter wear

With sales estimates falling 15% below expected levels, brands are offering discounts and sales on winter wear clothing due to the warm winter. Read more on this here.

January 6, 2016 NEWS 0

Property prices in Mumbai may soon come down by 20%

Property prices in Mumbai may soon come down by 20%

Builders may start offering discounts on houses, since they now need fewer permissions and technical processes have been expedited. Read more on this by clicking here.

January 6, 2016 NEWS 0

General insurance premiums may not go up this year

General insurance premiums may not go up this year

Count your blessings. General insurance premiums are unlikely to see a sharp rise this year due to falling global reinsurance rates. Read more on this here.

January 6, 2016 NEWS 0

HDFC Bank cuts base rate by 0.05%, effective January 4

HDFC Bank cuts base rate by 0.05%, effective January 4

HDFC Bank slashed it base rate by 5 basis points to bring it down to 9.30% from the 9.35% earlier, effective as of January 4, 2016. Read more on this here.

December 29, 2015 NEWS 0

Don’t pamper airlines, make travel cheap

Don’t pamper airlines, make travel cheap

The government is concerned over Gulf carriers garnering a large chunk of outbound passenger traffic from India. So, it wants to provide a level playing field to domestic airlines. More here.

December 29, 2015 NEWS 0

New HP Pavilion x2 a cheaper version of MacBook Air?

New HP Pavilion x2 a cheaper version of MacBook Air?

The HP Pavilion x2 is a hybrid device which can be used as both a tablet and a laptop, and has a 1.44 GHz quad-core chip processor, 2GB of RAM and 32GB of HDD space. Read more here.

December 29, 2015 NEWS 0